Here is an update on the patterns in the SP 500 Emini we have been following.
The first chart shows the outcome from the AB=CD sell pattern that formed and completed at the upper end of the range.
The second chart shows a daily chart of the SP 500 Emini and the long Daily bar using a Japanese Candle. This candle engulfed the last week of trading and is very bearish looking. The lower support is 1179.75 which was traded through in globex. Appears to be more downside to come.

SP 500 Emini downside break

SP 500 Emini Bearish Japanese Candle

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